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Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street's opening to deliver 20% daily losses prior to a strong response from the bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBitcoin loses $6,000 in minutesData from Cryptox Markets and TradingView shows BTC/USD falling heavily during Monday
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Bitcoin’s (BTC) price has recovered from Wednesday’s losses since the U.S. markets opened Thursday morning. However, traders and analysts are not sure whether the rebound is sustainable, with some telling CryptoX it was likely the result of GameStop’s stock drama. Source
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Bitcoin’s price is bouncing back, having found a floor of around $30,000 to stand on. Meanwhile, the number of active bitcoin addresses and transaction volumes has climbed above peaks set in 2017.Also, content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have
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Bitcoin (BTC) returned to $40,000 on Jan. 8 as another price consolidation period ended characteristically briefly.Cryptocurrency market overview. Source: Coin360Data from Cryptox Markets, Coin360 and TradingView showed BTC/USD quickly rise to recapture the psycholigically significant price level during trading on Friday.After a 9% fall following runs to all-time highs the
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The number of addresses holding over 1,000 bitcoin (worth of approximately $37.5 million at the current price) is now at 2,334, a new all-time high, after the number dropped at the end of December by 3.7% to 2,221. This is an indication “whales” (large bitcoin holders) have been bullishly accumulating
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The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally.Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average (MA) on the daily chart. As Cryptox reported yesterday, some
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Uniswap’s UNI token has faced some intense selling pressure throughout the past few weeks, with it being struck
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Bitcoin’s hashrate bounced 30% Wednesday from quarterly lows on Nov. 2 as miners brought ASIC machines back online after relocating them out of China’s Sichuan province as the wet season ended in late October, as CryptoX previously reported. Bitcoin’s mining difficulty registered a record-setting percentage decrease on Nov. 3 – the
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UniSwap’s native token UNI showed signs of bottoming out as its price rebounded by almost 56 percent in
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Bitcoin has performed well in the face of a bleak news cycle while stablecoin assets in the crypto ecosystem continue to grow.Bitcoin (BTC) trading around $10,515 as of 20:00 UTC (4 p.m. ET). Slipping 0.44% over the previous 24 hours.Bitcoin’s 24-hour range: $10,362-$10,667BTC above its 10-day moving average but below
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